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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Getcher who wrote (7962)4/28/1998 12:19:00 AM
From: Magnatizer  Read Replies (2) | Respond to of 42787
 
Getcher

by "roll up" do you mean acquisition minded. I am unclear of the terminology. Maybe CD put a bad taste in peoples mouths. If so the comparisons are not fair or just. CD is a hodge podge of various entities all tied together under one corporate umbrella. RECY is in the business of metals recycling. That is all it does and it does it quite well. Totally different concepts in the works. RECY is a much more simple plan to implement because they have a focus. If they were trying to wear to many hats I would be long gone, but the management has proven to me they are in it for the long haul. They recently ended negotiations with their largest potential acquisition due to environmental problems at the sites to be purchased. RECY set themselves back on their time frame to get to the $1 billion run rate but they vaulted themselves ahead credibility wise.

I will be looking at the chart momentarily and will report back for you. The RECY thread is a good source for stories and veiwpoints both positive and negative. I encourage any and all who are looking at RECY to check it out.

ht
david



To: Getcher who wrote (7962)4/28/1998 12:25:00 AM
From: Magnatizer  Read Replies (1) | Respond to of 42787
 
Getcher

RE: RECY technicals

Short term all indicators turned down. Looks like continued base/decline although we are near a strong support area (5.50) I would say this stock is in the prove it mode to the market. Earnings will be out soon (don't have a specific date) may be best to let RECY prove it prior to entry. I am thinking it is a long term investment and a 1/2 point or so should not matter that much with the returns RECY has potential to give.

ht
david



To: Getcher who wrote (7962)4/28/1998 3:16:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
txn --

notice how 9 day ema has held.. get ready for re-entry..

i know this mkt sucks.. but if 9 day ema is holding then maybe we will see uptrend.

pleaese do your research <g> (my disclaimer)

chris